REI Lense

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$4,299 (target)

520 Middle Hwy, Barrington, RI 02806

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $133k initial cash invested.

-10.55%

Cash On Cash

4.74%

Cap Rate

0.72

DSCR

$4,299

Rent

-$1,168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,299 income − $5,467 expenses = $1,168 out of pocket

Income$4,299Out of Pocket$1,168Mortgage P&I$3,45180%Property Taxes$67016%Insurance$2285%Management$43010%CapEx$2155%Vacancy$2586%Maintenance$2155%

Investment Breakdown

|

Purchase Price

$632k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$126k

Closing costs

1%

$6,324

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,299

Total Expenses

$5,467

Mortgage P&I

80%

$3,451

Property Taxes

16%

$670

Home Insurance

5%

$228

HOA

0%

$0

Property Management

10%

$430

CapEx

5%

$215

Vacancy

6%

$258

Maintenance

5%

$215

Other

0%

$0

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